RT null
T1 On the Role of Central Banks in Enhancing Green Finance -  Inquiry Working Paper 17/01
A1 United Nations Environment Programme, 
K1 central bank
K1 development finance
K1 green economy
K1 sustainable development
K1 reserve asset
YR 2017
FD 2017
LK https://wedocs.unep.org/handle/20.500.11822/16803
UL https://wedocs.unep.org/handle/20.500.11822/16803
NO This paper examines the role of central banks in ‘greening’ financial systems. Given the enormous investments needed to bring about a green transformation, the financial sector will have to play a central role in allocating resources towards a sustainable and green economy – and stop financing activities that harm the environment. Against this backdrop, the paper examines the extent to which environmental factors impinge on central banks’ conventional goals and provides a theoretical analysis of the cases for and against central banks to respond to environmental and sustainability challenges.
DS UN Environment Document Repository
RD Sep 16, 2026